"This Isn't Just A Hiccup: The Stock Market's Long Decline Has Begun
Submitted by editor on Wed, 10/20/2010 - 9:52am
The Fed's campaign to boost the risk-trade in equities by destroying the dollar has reached its limits. Now gravity will take hold as stocks enter a Long Decline. On Monday, Daily Finance published my article Is the Market Ready to Roll Over? These Signs Say Yes. On Tuesday, October 19, the market did roll over. Is this merely a brief hiccup on the way to S&P500 1,500 and Dow 15,000, or the first stages in a Long Decline? Here is the evidence to support the idea that stocks are entering a Long Decline.
Read the article: Business Insider"
http://www.businessinsider.com/the-stock-markets-long-decline-has-begun-2010-10
I believe the Markets in the West will zigzag down slowly to the 2009 lows over the next 3 years. Debts have to be paid or defaulted, austerity programs have to be put in place to restore sanity and the US$ has to be replaced as the reserve currency with a new monetary system.
This is a tall order and 3 years is not much time.